International Leasing And Financial Services

What International Leasing And Financial Services does

International Leasing and Financial Services Limited (ILFSL) is a Dhaka-headquartered Non-Banking Financial Institution (NBFI) in Bangladesh, founded in 1996. It operated a horizontal financial services platform spanning three core lending products — Corporate Loan, Retail Loan, and SME Loan — and five deposit schemes (Term Deposit Receipt, Monthly Income Receipt, Double Benefit Receipt, Deposit Pension Scheme, and Fast Shanchoy Scheme). The company also maintained capital market operations through Merchant Banking and Stock Brokerage arms, providing fee-based revenue diversification beyond interest income. ILFSL's distribution was anchored to a single Dhaka head office with a contact center, supported by a website (ilfsl.com) that hosted product information, investor relations disclosures, and sustainability/CSR content.

ILFSL's business model relied primarily on interest income from lending (corporate, retail, SME), interest/fee spread on deposit mobilization, and transaction fees from capital market services. It served a broad horizontal customer base across business borrowers, retail consumers, SMEs, deposit investors, and capital market participants. Recent product initiatives included a Green and Sustainable Finance line, CSR programs, and a Financial Literacy Wing, indicating alignment with Bangladesh Bank's sustainable finance directives. The company employed between 251 and 500 people and maintained investor relations infrastructure including financial reports, price-sensitive disclosures, and corporate governance documentation.

The company is currently undergoing liquidation proceedings initiated by Bangladesh Bank. In December 2025, the central bank approved the liquidation of ILFSL and eight other NBFIs after declaring them 'non-viable' due to irregularities, mismanagement, and failure to return depositors' funds. The announcement was formalized in January 2026 as part of broader financial sector reforms. The nine institutions collectively held Tk 15,370 crore in deposits, of which Tk 3,525 crore belonged to small depositors and Tk 11,845 crore to institutional clients. Estimated losses across the group total approximately Tk 9,000 crore, and Bangladesh Bank has requested Tk 5,000 crore from the government to protect small depositors. ILFSL is therefore in terminal decline, with operations expected to wind down as the liquidation process advances and a forensic audit determines net asset value.

Name

International Leasing And Financial Services

Legal name

International Leasing and Financial Services Limited

Website

https://ilfsl.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

251–500 employees

Short description

International Leasing and Financial Services Limited (ILFSL) is a Dhaka-based Non-Banking Financial Institution in Bangladesh offering corporate, retail, and SME loans alongside deposit schemes and capital market services. The company is currently under Bangladesh Bank liquidation proceedings.

Ownership category

akta.pro rank

Product category

Non-Banking Financial Services

NAICS

Miscellaneous Intermediation (523910), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Equity Capital Introduction & Prime Services (FSACAFAK)

Keywords

• Leasing services
• Corporate lending
• SME financing
• Deposit schemes
• Merchant banking

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Corporate Lending: Interest income from corporate loans provided to businesses for expansion and operational needs.
2. Retail Lending: Interest income from retail loans for personal and business financial needs.
3. SME Lending: Interest income from small and medium enterprise loans supporting business growth.
4. Deposit Schemes: Deposit Mobilization through TDR, MIR, DBR, DPS, and Fast Shanchoy Scheme products generating fee and interest spread revenue.
5. Merchant Banking and Stock Brokerage: Capital market services including merchant banking operations and stock brokerage services.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

ILFSL is a Non-Banking Financial Institution providing product-oriented leasing and loan financing services in Bangladesh. The company offers corporate loans, retail loans, and SME loans for businesses and individuals, along with diverse deposit schemes (TDR, MIR, DBR, DPS, and Fast Shanchoy Scheme) generating fee and interest spread revenue. It also operates capital market services through merchant banking and stock brokerage arms.

Product overview

International Leasing and Financial Services Ltd (ILFSL) is a non-banking financial institution (NBFI) in Bangladesh offering a comprehensive suite of financial products and services. The company operates a multi-product portfolio consisting of three core loan products (Corporate Loan, Retail Loan, and SME Loan) designed for businesses and individuals, six deposit products (TDR, MIR, DBR, DPS, and Fast Shanchoy Scheme) providing various savings and investment options with different return structures, and two capital market services (Merchant Banking and Stock Brokerage). Additionally, ILFSL maintains sustainability-focused initiatives including Corporate Social Responsibility (CSR), Green and Sustainable Finance, and a Financial Literacy Wing. The company also offers investor relations services through financial reports, corporate governance disclosures, and regulatory information. The institution is currently facing liquidation proceedings by Bangladesh Bank as part of broader financial sector reforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Loan Corporate lending product designed for businesses needing capital for expansion, working capital, and operational needs. Targeted at corporate clients seeking financing for business growth.
• Retail Loan Retail lending product providing individuals with financial flexibility for personal and business needs. Targeted at retail customers seeking personal loans or small business financing.
• SME Loan SME lending product supporting small and medium enterprises to grow and achieve their business goals. Targeted at SME businesses needing access to growth financing.
• Term Deposit Receipt (TDR) Fixed-term deposit product offering secure investments with attractive and flexible tenures. Targeted at deposit investors seeking secure investment options with defined maturity.
• Monthly Income Receipt (MIR) Deposit scheme providing steady monthly returns for secure financial planning. Targeted at investors seeking regular income streams from their deposits.
• Double Benefit Receipt (DBR) Deposit product designed to double the investment over time with assured, secure returns. Targeted at long-term deposit investors.
• Deposit Pension Scheme (DPS) Disciplined monthly savings deposit scheme to help build a secure future through pension-oriented accumulation. Targeted at individuals planning for retirement.
• Fast Shanchoy Scheme Short-term, high-return savings scheme designed for secure savings on short-term financial needs. Targeted at depositors seeking quick-turnaround investment products.
• Merchant Banking Merchant banking service operating in capital markets. Targeted at capital market participants including corporate issuers and investors.
• Stock Brokerage Stock brokerage service providing capital market trading access. Targeted at investors seeking capital market participation and portfolio management.

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• People's Leasing & Financial Services: Bangladeshi NBFI offering leasing, lending, and deposit products. One of the other 8 NBFIs in the same Bangladesh Bank liquidation cohort, making it the closest direct peer in business model and current regulatory status.
• Premier Leasing & Finance: Bangladeshi NBFI with a similar diversified product mix of leases, loans, and deposits. Co-defendant in the same liquidation action by Bangladesh Bank, providing a near-identical business and regulatory profile.
• Prime Finance: Bangladeshi NBFI focused on lease financing and term lending. Also named in the Bangladesh Bank liquidation list of 9 NBFIs, making it functionally comparable in scale, product set, and distressed status.
• GSP Finance: Bangladeshi NBFI providing lease and term finance. Co-defendant in the same 9-NBFI liquidation cohort by Bangladesh Bank, with a comparable product offering and target market.
• Aviva Finance: Bangladeshi NBFI in lease and consumer financing. Also part of the 9 NBFIs under Bangladesh Bank liquidation, sharing ILFSL's product focus and regulatory outcome.
• BIFC (Bangladesh Industrial Finance Company): Bangladeshi NBFI providing industrial and corporate financing. Listed alongside ILFSL in the same liquidation cohort, sharing the same regulatory outcome and broadly similar customer base.
• FAS Finance: Bangladeshi NBFI offering lease and term finance. One of the 9 NBFIs Bangladesh Bank is liquidating, comparable to ILFSL in product mix, target market, and stressed status.

Broad incumbents

• IDLC Finance Limited: The largest listed NBFI in Bangladesh, providing corporate lending, leases, deposits, and capital markets services. A healthier, scaled incumbent that competes with ILFSL in the same product categories and is the natural acquirer of distressed NBFI franchises.
• LankaBangla Finance: Major listed Bangladeshi NBFI with a diversified portfolio of corporate and retail loans, deposits, and brokerage. Comparable to ILFSL across the same product lines, with stronger financial standing.

Regional players

• United Finance: Bangladeshi NBFI offering corporate and consumer financing. Operates in the same domestic market with an overlapping product set, making it a relevant same-country peer to ILFSL's operating business.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks7 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about International Leasing And Financial Services